Agricultural Markets Instability: Revisiting the Recent Food Crises

This book seeks to improve the understanding of what happened (and why) on both world and domestic markets during at post the food crisis 2007-2008. It is the final output of the research project ULYSSES (Understanding and coping with food markets voLatilitY towards more Stable World and EU food SystEmS). This project's goal was to provide general, but sufficiently detailed responses to the main questions that have been recently posed in the literature and debated in the political sphere: what caused the food crises 2006-2008? Why markets became more volatile? Are there also long-term factors evolving in a way that they will make markets more vulnerable to supply or macro-economic shocks? How do agents in the value chain respond to markets instability? How do food consumer prices respond to changes in food prices? To what extent are households in LIC and HICs affected by food price increases? Covering a wide range of issues (drivers, spill-over effects, fundamentals, transmission, value chain agents’ perspective, impact on consumers, and policies) and from different time perspectives (short-, medium- and long-term); geographical (EU, low- and middle- countries and global); market-base (frequent market data, weekly, monthly and annual prices; EU and international markets), ULYSSES aimed at drawing also policy relevant conclusions.

GARRIDO Alberto;  BRUEMMER Bernhard;  M'BAREK Robert;  MEUWISSEN Miranda;  MORALES OPAZO Cristian Pablo; 

2016-03-04

Earthscan from Routledge

JRC98063

978-1-138-93741-3,